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Wealth Inequality in America

  • The real question in this thread is - why should anyone give a crap about wealth inequality?

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    Status

  • UMWolverines said...

    Just saw on the news that gas in Venezuela is $0.02 per gallon. Someone wanna tell me why it's $3.50 here when the price per barrel is $90 yet it was the same price when it was $120?

    Bonjour

    VTSmitty

  • Status said...

    The real question in this thread is - why should anyone give a crap about wealth inequality?

    It affects the economy?

    UMWolverines

  • Status said...

    The real question in this thread is - why should anyone give a crap about wealth inequality?

    Greater wealth inequality = worse economic performance.

    Unknown Titlke

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    www.uv.es
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    CMXI

  • TroyTide said...

    He never said that he would make our problems better, nothing of the sort.

    Wait, you mean people shouldn't wildly misinterpret what other people say and assign those misinterpretations to them as part of some sort of flawed strawman argument?

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    CMXI

  • UMWolverines said...

    It affects the economy?

    Well giving hundreds of billions of dollars to big corporations probably didn't help the wealth inequality... roflmao

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    Status

  • Status said...

    Well giving hundreds of billions of dollars to big corporations probably didn't help the wealth inequality... roflmao

    attachment

    UMWolverines

  • CMXI said...

    Wait, you mean people shouldn't wildly misinterpret what other people say and assign those misinterpretations to them as part of some sort of flawed strawman argument?

    I see what you are trying to do, and I don't like it.

    TroyTide

  • TroyTide said...

    I see what you are trying to do, and I don't like it.

    That doesn't sound like an answer to my question...

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    CMXI

  • CMXI said...

    Greater wealth inequality = worse economic performance.

    Yet your party's union favs have killed manufacturing in America, have successfully lead the auto industry into bankruptcy, then got an highly unethical ruling because of Obama. You'd rather use a corrupt NLRB to stop Boeing opening new plants and use the EPA to regulate industries into extinction, all the while wondering why companies are moving off shore.

    The probability is high that a lot of the middle class jobs that where abundant 20 years ago are never coming back.

    NLeininger

  • NLeininger said...

    Yet your party's union favs have killed manufacturing in America, have successfully lead the auto industry into bankruptcy, then got an highly unethical ruling because of Obama. You'd rather use a corrupt NLRB to stop Boeing opening new plants and use the EPA to regulate industries into extinction, all the while wondering why companies are moving off shore.

    The probability is high that a lot of the middle class jobs that where abundant 20 years ago are never coming back.

    don't even bother my friend..

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    azvalleybuckeye

  • NLeininger said...

    Yet your party's union favs have killed manufacturing in America, have successfully lead the auto industry into bankruptcy, then got an highly unethical ruling because of Obama. You'd rather use a corrupt NLRB to stop Boeing opening new plants and use the EPA to regulate industries into extinction, all the while wondering why companies are moving off shore.

    The probability is high that a lot of the middle class jobs that where abundant 20 years ago are never coming back.

    facepalm_msu

    Riiiiight, because private enterprise had absolutely no influence on the offshoring of jobs, it was all Democratic policies and left-wing action. Give me a break. Demonstrate some sort of rudimentary understanding of cause-and-effect before spouting off at the mouth. Shockingly enough, the world isn't black-and-white.

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    CMXI

  • CMXI said...

    facepalm_msu

    Riiiiight, because private enterprise had absolutely no influence on the offshoring of jobs, it was all Democratic policies and left-wing action. Give me a break. Demonstrate some sort of rudimentary understanding of cause-and-effect before spouting off at the mouth. Shockingly enough, the world isn't black-and-white.

    Companies go where the money takes them, is that a foreign concept to you? Now I will concede the growth of the global market as hurt America's manufacturing as more companies need to get their products overseas cheap, especially the Oil/Gas Industry. I work for a company that has plants in many countries to deliver our products to those regions cheaper.

    Now America was helped big time after WW2, because they were one of the few countries that wasn't completely destroyed, so not only did they have a monopoly on manufacturing there was also a great need by almost every other country for our goods.

    Perfect storm for that class to grow, however I think most thought it would never change and unions got greedy. Companies began to see the benefits in profit to move their operations off shore, because they have a responsibility to their stockholders to be good shepherds of their investments.

    How many companies have to leave before the government figures out that they need to do things to make it worth their while to stay.

    NLeininger

  • NLeininger said...

    Yet your party's union favs have killed manufacturing in America, have successfully lead the auto industry into bankruptcy, then got an highly unethical ruling because of Obama. You'd rather use a corrupt NLRB to stop Boeing opening new plants and use the EPA to regulate industries into extinction, all the while wondering why companies are moving off shore.

    The probability is high that a lot of the middle class jobs that where abundant 20 years ago are never coming back.

    Give it a rest. The problem is not one party. The problem is BOTH parties.

    GOP senators block top Obama jobs initiative - CNN.com

    Senate Republicans on Thursday blocked the No.1 item on the president's congressional jobs to the U.S. from overseas while eliminating tax deductions for companies that move jobs abroad.

    www.cnn.com

    UMWolverines

  • NLeininger said...

    Yet your party's union favs have killed manufacturing in America, have successfully lead the auto industry into bankruptcy, then got an highly unethical ruling because of Obama. You'd rather use a corrupt NLRB to stop Boeing opening new plants and use the EPA to regulate industries into extinction, all the while wondering why companies are moving off shore.

    The probability is high that a lot of the middle class jobs that where abundant 20 years ago are never coming back.

    look in the difference in pay for the big brass of those companies and the how much more it is than it was 30 years ago in comparison to the workers. The reason companies go overseas is to protect the profit margin for the grossly paid big wigs.

    If they could just be very rich instead of stupidly wealthy and there would be more jobs. good paying jobs that would kick the economy into high gear and put a "chicken in every pot" so to say.

    The problem is greed at the top. They have a license to steal. That includes the politicians. I have no problem with people who are on top making a very good living. One that is clearly distinguishable. But when people can not even imagine the difference in a time when people are pissed about wealth distribution already, come on.

    bhamdave

  • bhamdave said...

    look in the difference in pay for the big brass of those companies and the how much more it is than it was 30 years ago in comparison to the workers. The reason companies go overseas is to protect the profit margin for the grossly paid big wigs.

    If they could just be very rich instead of stupidly wealthy and there would be more jobs. good paying jobs that would kick the economy into high gear and put a "chicken in every pot" so to say.

    The problem is greed at the top. They have a license to steal. That includes the politicians. I have no problem with people who are on top making a very good living. One that is clearly distinguishable. But when people can not even imagine the difference in a time when people are pissed about wealth distribution already, come on.

    You may have a point, but who is to say what another person's worth to their company is? I've worked in a bunch of companies that had too many layers of management, so I think there is an issue there.

    But I suggest that having a globally based company is much harder to run/manage and most of these executives deserve their compensation.

    Not too mention that a lot has changed with how companies are managed due to the marketplace and their decisions on how profitable companies should be.

    This post was edited by NLeininger on 3/6/2013 at 11:44 PM

    NLeininger

  • bhamdave said...

    look in the difference in pay for the big brass of those companies and the how much more it is than it was 30 years ago in comparison to the workers. The reason companies go overseas is to protect the profit margin for the grossly paid big wigs.

    If they could just be very rich instead of stupidly wealthy and there would be more jobs. good paying jobs that would kick the economy into high gear and put a "chicken in every pot" so to say.

    The problem is greed at the top. They have a license to steal. That includes the politicians. I have no problem with people who are on top making a very good living. One that is clearly distinguishable. But when people can not even imagine the difference in a time when people are pissed about wealth distribution already, come on.

    And this is exactly what the thread was started about. Bravo sir.

    UMWolverines

  • NLeininger said...

    You may have a point, but who is to say what another person's worth to their company is?

    The CEOs do.

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    sf2k4

  • does this thread mean we have to let michigan university have better talent? if so, ef that.

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    azvalleybuckeye

  • bhamdave said...

    look in the difference in pay for the big brass of those companies and the how much more it is than it was 30 years ago in comparison to the workers. The reason companies go overseas is to protect the profit margin for the grossly paid big wigs.

    If they could just be very rich instead of stupidly wealthy and there would be more jobs. good paying jobs that would kick the economy into high gear and put a "chicken in every pot" so to say.

    The problem is greed at the top. They have a license to steal. That includes the politicians. I have no problem with people who are on top making a very good living. One that is clearly distinguishable. But when people can not even imagine the difference in a time when people are pissed about wealth distribution already, come on.

    I don't know how anyone can take this seriously. I read it and roflmao

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    azvalleybuckeye

  • azvalleybuckeye said...

    I don't know how anyone can take this seriously. I read it and roflmao

    What that he said isn't true?

    UMWolverines